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Forex Trend Analysis Report

Prepared for you on Monday, August 8, 2022.

Argentine Peso/Colombian Peso (FOREX:ARSCOP)

Crossroads (-60) - ARSCOP is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

Is it time to buy, sell, or avoid ARSCOP?

MarketClub looks at technical strength and momentum to determine if the timing is right for ARSCOP.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_ARSCOP
Open High Low ARSCOP Price Change
32.495783 32.495783 32.378395 32.495783 0.000000
Entry Signal

MarketClub’s Trade Triangles for ARSCOP

long term up The long-term trend has been UP since Jul 14th, 2022 at 35.114397

intermediate term down The intermediate-term trend has been DOWN since Jul 27th, 2022 at 35.105548

short term down The short-term trend has been DOWN since Jul 29th, 2022 at 33.839859

Smart Scan Analysis for ARSCOP

Based on our trend formula, ARSCOP is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-60
Smart Scan Analysis for ARSCOP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
32.495783 32.495783 32.378395 32.495783 0.000000
Prev. Close Volume Bid Ask Time
32.495783 2022-08-06 07:52:52
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